A sales miss and more weakness ahead. Is it time to trade out. The Investment Community is ready to go. The Halftime Report starts right now. Welcome good to have you with us on this tuesday. Our Investment Committee at the terrible joe terranova, josh link and the chairman and ceo of the gobelli finds and chief executive officer of merrill private bank. We fin where else, the manchlgts a manchlgts. First though stocks lower as the twoday meeting in washington gets under way mr. Gobelli, the fed is going to cut, right im assuming 20 basis points and the real challenge is the currencies, the negative Interest Rates around the world are causing the dollar to get stronger so how does and what is the impact of that you think the fed should cut . Lets start there. Markets not that far. I dont spend a lot of time on it. I just assume that they will be cutting 25 beeps thats baked into the market of the for example, we have 100 u. S. Treasury fund. No sold taxes and its assuming that already,
New details on how the fugitive killer stayed on the run for two weeks. How Police Tracked him down and the canine takedown. Unprecedented strike. The midnight deadline looming as the united autoworkers say they are prepared to walk off the job for the first time ever. This morning the Major Economic consequences at stake. Back in court. The man accused of murdering four university of idaho students. Now why some victims family members want cameras at the trial. Rescued. A cruise ship running aground in the Arctic Circle more than 200 people on board. This morning how it was pulled free. Mitt romney to retire. The utah senator and former gop president ial nominee said he wont seek reelection, calling for a new generation of leadership in both parties, and calling out the pro trump wing of the Republican Party. Recall alert. The warning for parents about the potential dangers of water beads. Why 52,000 kits have been recalled. The american caver rescued from thousands of feet below grou
Street markets just getting to take a moment ago. United health care adjusted earnings per share topping expectations. Also raising guidance, reporting earnings this morning. Also other names including Goldman Sachs and Morgan Stanley. Well bring you those numbers and expert analysis. Both stocks in the banking or, Morgan Goldman trading. Netflix subscriber growth topping expectations last may. Streaming giant with science of billions of dollars on its own content. They start digesting the plans. Interesting wardrobe choice going viral. Well tell you about that. Markets this morning look like this after another record that yesterday. Dow industrials up just a point. S p down a point. S p data point. Nasdaq also down by three points. Major indices closed a record high. The dow inching closer to 23,000, a number we have yet to see. In europe the indices right now in the s p 100 fractionally lower. In asia overnight, markets closed mostly higher with the exception of china once again. Chi
[sneezes] gesundheit. Oh, thanks, mike. What day is it . Its wednesday. Were gonna get a letter. What . If you sneeze on monday, you sneeze for danger, sneeze on tuesday, kiss a stranger, sneeze on wednesday, sneeze for a letter. I never heard that before. Whats the rest of it . Sneeze on wednesday, sneeze for a letter, sneeze on thursday, something better, sneeze on friday, sneeze for sorrow, sneeze on saturday, see your sweetheart tomorrow. What about sunday . There aint no sneeze for sunday. Sunday was a day of allerest. Ha, ha, ha. Sorry. Gloria, will you help me clear the table . Ma, im helping you set the table thats right. Ma me, keep secrets from you . [laughs] we better find out whats going on. Yeah. Ma are you in some kind of trouble . No, and i cant tell you what it is. Ma the letter . Is that what youre worried about, a letter . Well, since you guessed part of it, ill tell you the rest. Here. Look. Gloria wow look at all those quarters. You mustve been saving them for month
Make that 11 for some of these traders. Feeling pretty good. Along stocks today, and the rally continues. Smallcap setting another record high. Disco stocks also hitting another new high. Hope your long in equities, at least today. Good afternoon, everybody. Im tracy byrnes. It is the last hour of trading. Tracy and ashley begins right now. Stocks are continuing winning ways. It is the best week since december of 2011, better than expected employment numbers. 1505 jobs created last month. At the tip of providing investors some confidence that the economys getting better. A little bit of a trend here. Dow jones industrials jumping 32 points, all of the session, down about 15. We have turned that around. S p 500 gaining in 1465. A key level. Dont want to close below 1465, at least for the trader said. The nasdaq, another four points. A great week for the nasdaq. For the week the dow jones industrials, as in the 500 up more than 4 . Its not just the big guys. Small caps continuing to roll